PPB disposes of Myanmar packaging business for US$2.4m

KUALA LUMPUR (Sept 20): PPB Group Bhd is disposing of its entire equity interest in Tefel Packaging Industries Co Ltd in Myanmar for US$2.4 million (RM10.06 million). PPB’s 79.9%-owned indirect subsidiary Tego Sdn Bhd inked an agreement to transfer its entire 100% stake in Tefel Packaging Industries Co Ltd — a polypropylene bags manufacturer — […]

Yatanarpon Teleport in talks with international telecom companies

Shein Thu Aung, a member of the Yatanarpon Teleport Company’s board of directors, told Mizzima on 5 November that the company has opened discussions with international telecom organizations. It aims to establish cooperative and mutually beneficial relationships with several overseas firms. “We are currently holding talks with approximately twenty foreign telecommunications companies but have not […]